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New Delhi: India's economic growth dropping to an over six-year low of 5 per cent in April-June 2019 is indicating a "significant deceleration" in both investment and consumer demand, industry body Ficci said Saturday. Expressing "deep" concerns over sluggishness in the growth momentum, Ficci President...

Bhubaneswar: Affecting a minor administrative reshuffle, the state government Friday transferred nine senior IAS officers. As per a notification issued by the General Administration department, 1989 batch IAS officer and Water Resources (WR) secretary Pradeep Kumar Jena has been appointed as Rural Development secretary. He...

Bhubaneswar: A team from US-based Cornell University is testing new ideas to help bring behavioural changes among the rural population in some areas of the state to improve their nutritional status. The Tata Cornell Institute for Nutrition and Agriculture’s (TCI) flagship programme Technical Assistance and...

Washington: A coalition of some 160 business groups has sent a letter to US President Donald Trump, requesting him to postpone all tariff increases on Chinese goods that are scheduled to take effect later this year. These tariff hikes come at the "worst possible time",...

New Delhi: Finance Minister Nirmala Sitharaman's stimulus package for the automobile sector is "too little, too late" to prevent a contraction in vehicle sales, and a cut in GST rates together with a vehicle scrappage scheme will be needed to prevent the decline, Fitch Solutions...

New Delhi: Digital payments in India are witnessing thriving growth with a compound annual growth rate (CAGR) of 12.7 per cent in the number of non-cash transactions, global advisory KPMG said Thursday. A KPMG report said that the mobile payment revolution in the country has...

Mumbai: The number of cases of frauds reported by banks saw a jump of 15 per cent year-on-year basis in 2018-19, with the amount involved increasing by 73.8 per cent in the year, RBI's annual report showed. In FY19, banking sector reported 6,801 frauds involving...

New Delhi: Union Minister for Civil Aviation Hardeep Singh Puri said Thursday that the government is determined to privatise flag carrier Air India in the shortest possible time. Puri said the first meeting of the alternative mechanism or the Group of Ministers set up for...

Bhubaneswar: In view of paucity of land for developmental projects and infrastructure, state government has instructed all administrative heads to return unutilised or surplus land under their possession to the latter. Revenue and Disaster Management Secretary Nikunja Bihari Dhal has written to secretaries all departments...

Bhubaneswar: The 41st edition of ‘Barsha’, organised by Chinta O Chetna, concluded here at Rabindra Mandap Thursday. The Chief Guest on the occasion was Minister for Higher Education and Agriculture Arun Kumar Sahoo, Jnanpith awardee Prativa Ray and state secretary of Chinta O Chetana Surendra...